Wadhamite

The Oil Business Could Be Worse (But Not Much)

All of the oil companies made money. Say the same for the auto companies? Where would you rather invest?

Good times will return. Buy low and watch the profits rise.

Americans Forget High Oil Prices Too Quickly

I am awaiting the day when China produces and sells in the USA a $10,000 fuel-efficient small car. Does anyone really doubt that it will happen? When it does, the implications for "big oil" and "Detroit 3" should be obvious. And, in today's cheap-oil and auto-bailout scenario, there might be just enough time for America to beat the Chinese. If we lose this opportunity, it's gone for a long time.

Still an Oil Bull, Lame or Not

Compare oil prices to the DJIA or S&P and they are still strong.

Commodities are more valuable than fiat currencies. Yes, $250 a barrel is on the way, but oil will hold its value rather than the dollar. It's hopeful but wistful thinking that my salary will rise as quickly as the "price" of oil.